Examples of Bangladesh Bank in a sentence
The following is specified as an additional condition to the effectiveness of this Loan Agreement for the purposes of Section 9.01(f) of the Loan Regulations: the Project Agreement shall have been duly authorized by, and executed and delivered on behalf of Bangladesh Bank and each Wholesale Bank, and shall have become fully effective and legally binding on the parties thereto in accordance with its terms, subject only to the effectiveness of this Loan Agreement.
The Wholesale Banks shall engage reputable external auditors acceptable to Bangladesh Bank (i) to examine and verify the accuracy of their accounts, including in respect of the Crop Diversification Credit Line; and (ii) audit their annual financial statements and their operations relating to the Crop Diversification Credit Line.
The Participating MFIs will maintain computerized records that show, separately, Subloans made under disbursements from Bangladesh Bank and loans made out of the revolving funds.
It shall consist of 5 members, approved by ADB, representing the Project Director, Bangladesh Bank ACD, MRA and each of the Wholesale Banks.
Except as the Borrower, ADB, Bangladesh Bank, the Wholesale Banks and the Participating MFIs may otherwise agree, the Borrower shall not plan or grant, or cause to be planned or granted, any debt amnesty or forgiveness of loan repayment obligations with respect to the Subloans under the Crop Diversification Credit Line provided under the Project.